The Reserve Bank of India has imposed a monetary penalty of ` 1.00 lakh (Rupees one lakh only) on The Jai Bhavani Sahakari Bank Limited, Pune, in exercise of powers vested in it under the provisions of Section 47(A)(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (AACS) for violation ... Read more : The Jai Bhavani Sahakari Bank Limited, Pune ??? Penalised.

BEIJING - A whopping 221 million people travelled by train during China’s spring festival, which is also the largest migration of people anywhere in the world.
The railway ministry Monday said the trains carried a record 221 million passengers during the 40-day Spring Festival travel rush period that ended Sunday.
The figure represents an increase ... Read more : 221 mn Chinese travelled by train during spring festival.